4 professors explain why you should study petroleum engineering now - Business Insider

But it's in moments like this that college students wonder if petroleum engineering is a smart choice, said Foued Badrouchi, a doctoral candidate in the department of petroleum engineering at the University of North Dakota.

"It's probably the best time in the last five years to get into the field," Bob Chase, the former chair of the department of petroleum engineering and geology at Marietta College, said in an email. "When it looks the worst, go into PE. When it's at a peak, don't even think about it." Ben Ebenhack, a professor in the same department, put it like this: "Jobs are much like the stock market — the ideal is to buy low and sell high."

The price of oil crashed due to a steep drop in global oil demand, causing storage tanks like these to fill up.Even in a downturn, there's a need for petroleum engineers, as companies look to make their practices more efficient, Badrouchi said, such as through enhanced oil recovery — which typically involves pumping carbon dioxide into an oil well to extract more oil.

"Any student taking this discipline should diversify into other skill sets such as finance or computing," David Schecter, a professor of petroleum engineering at Texas A&M University, said by email. "That's good advice for any student in any discipline."

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